Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Young bankers look to mediation with hope

Monday, 13 June 2005
For immediate release

Young bankers look to mediation with hope

ANZ National Bank and its workers will enter mediation tomorrow following a month of nationwide rolling strikes. The two parties will attempt, with the assistance of a mediator from the Employment Relations Service, to resolve employment negotiations, which started eleven weeks ago. Following the integration of ANZ and National Bank last year, workers have been taking a principled stand on the issue of equity between existing and new staff, as well as equity between staff at the two bank brands.

Young workers and future employees of the bank are among those with a strong interest in the negotiations. The bank has resisted the union’s claim throughout the negotiations for existing and future bank workers to get fair compensation for weekend and evening work. The bank workers’ union, Finsec, believes this is unfair.

“It would be a travesty if working conditions were clawed back from these new workers at a time when the bank is making record profits.” Said Finsec Campaigns Director, Karen Skinner. “It would mean some staff doing the same job will be on completely different terms and conditions, and that bodes badly for customer service.”

“It’s easy for young workers and new graduates to be exploited in their first jobs. So, it’s really important that employers that can afford it, such as ANZ National Bank, take a moral stand and treat their young workers fairly.” Said Andrew Kirton, Co-President of the New Zealand University Students Association.

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Land Report: Issues With Soil Degradation

An environmental report released today has found we are damaging and losing our soils and our native plants and animals. More>>

ALSO:

Water Quality Report: Cause For Optimism

National River Water Quality Trends released by Land, Air, Water Aotearoa (LAWA) this week, reveal that for all river water quality parameters monitored over a 10 year period, more sites were improving than deteriorating. More>>

ALSO:

IMF Report On NZ: Positive Economic Outlook

Minister of Finance Grant Robertson has welcomed the IMF’s Concluding Statement, released following its annual visit, which provides an independent assessment of the strength of the New Zealand economy. More>>

ALSO:

Retail Power Price: Review Panel Named

The Energy and Resources Minister Megan Woods has released the details of who will sit on an expert advisory panel which is tasked with leading a review into the price of electricity in New Zealand. More>>

ALSO:


Increasingly Disruptive Threats: Govt Cyber Security Refresh

Broadcasting, Communications and Digital Media Minister Clare Curran today announced a comprehensive refresh of New Zealand’s approach to cyber security. More>>

ALSO:


Regional Growth: Action Plan To Modernise Taranaki’s Economy

The Provincial Growth Fund (PGF) will invest up to $20 million to help future-proof the Taranaki region by diversifying its economy, creating additional jobs and leveraging off the strong base the region has established through its oil, gas and agricultural ... More>>

ALSO:

Winding Down Irrigation: Funding Ends For Crown Irrigation Investment

The Government has begun winding down public funding for large-scale irrigation through Crown Irrigation Investments Limited (CIIL), in line with the Coalition Agreement and the Confidence & Supply Agreement. More>>

ALSO: